Lakes Entrance · Suburb / Locality

Housing & Dwellings in Lakes Entrance

Where and how people live — the homes, how they are held, and what they cost.

Much lower housing costs than most similar areas define Lakes Entrance, where the typical monthly mortgage is just $1,227. This affordability is paired with a high rate of outright home ownership, though a significant portion of the community also rents.

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📍 Lakes Entrance, Suburb / Locality

Where Lakes Entrance sits — Median rent (weekly)

$252 ▲ +26.0%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Lakes Entrance — lower than 59% of areas.

Median rent (weekly) compared with the state and national average
Lakes Entrance$252
3909, VIC $260
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Weekly rents are well below the national figure, with a typical payment of $252. Mortgage repayments are also much lower than in the rest of Victoria, with the typical monthly payment sitting at $1,227.

$252 ▲ +26.0%

Lower than 59% of suburb / locality areas.

  • 2011: $200
  • 2016: $215
  • 2021: $252

Median weekly rent paid by households renting their home.

$1,227 ▼ -5.6%

Lower than 75% of suburb / locality areas.

  • 2011: $1,300
  • 2016: $1,300
  • 2021: $1,227

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Lakes Entrance, $200–$349 is the majority at 59%; Under $200 is next at 28%.

Monthly mortgage distribution

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In Lakes Entrance, the largest group is $1,000–$1,799 at 45%, followed by Under $1,000 (34%) and $1,800–$2,999 (17%).

Owning & renting

How homes are owned or rented.

Home ownership is strong here, as 48.7% of homes are owned outright, which is far above the national figure of 31.0%. Meanwhile, 27.5% of households rent, a rate that is much higher than in most similar areas.

27.5% ▼ -11.7%

Higher than 75% of suburb / locality areas.

  • 2011: 31.2%
  • 2016: 29.2%
  • 2021: 27.5%

Share of occupied private dwellings that are rented.

48.7% ▲ +10.1%

Higher than 72% of suburb / locality areas.

  • 2011: 44.2%
  • 2016: 43.8%
  • 2021: 48.7%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Lakes Entrance, the largest group is Owned outright at 49%, followed by Rented (27%) and Owned with a mortgage (19%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses are very common at 81.4%, well above the state and national figures. However, homes with three or more bedrooms are less common than in most areas, and there are slightly fewer people per bedroom than the national average.

0.70 ▼ -36.4%

Lower than 86% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.70
  • 2021: 0.70

Average number of usual residents per bedroom — a crowding measure.

81.4% ▲ +5.8%

Lower than 79% of suburb / locality areas.

  • 2011: 76.9%
  • 2016: 86.8%
  • 2021: 81.4%

Share of occupied private dwellings that are separate houses.

70.3% ▲ +2.3%

Lower than 72% of suburb / locality areas.

  • 2011: 68.7%
  • 2016: 69.5%
  • 2021: 70.3%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Lakes Entrance, Separate house is the majority at 82%; Townhouse / semi-detached is next at 13%.

Bedrooms per home

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In Lakes Entrance, the largest group is 3 bedrooms at 48%, followed by 2 bedrooms (23%) and 4 bedrooms (19%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Lakes Entrance

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Lakes Entrance [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21449/lakes-entrance/topic/housing-dwellings